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Gov. Kathy Hochul is considering hiking a dreaded tax on businesses to prop up the flailing Metropolitan Transportation Authority in a scramble to fill a whopping $33-billion budget hole, sources ...
On February 1, 2023, as part of her Executive Budget proposal to the New York State Legislature, Governor Kathy Hochul proposed raising the MTA payroll tax, a move projected to increase revenue by $800 million, and also giving the MTA some of the money from casinos expected at present to be licensed soon for business in Manhattan. [156]
The MTA had promised exemptions to emergency vehicles and disabled-rider transport, and it was also proposing a tax credit for low-income residents in the congestion pricing zone. [176] In March 2022, the federal government requested that the MTA answer 430 questions about the technical aspects of the congestion charge before the MTA submitted ...
This tax, known popularly as the "mobility tax", or the "MTA tax", is intended to provide funds for the Metropolitan Transportation Authority, which transports many of the region's commuters. [8] Philadelphia has a 3.924% wage tax on residents and a 3.495% tax on non-residents for wages earned in the city as of August 2013. [9]
The MTA’s right to jack up the already hotly controversial commuter tax was listed in a footnote in the revised congestion pricing plan filed with the state’s rule-making publication, the New ...
Long Island commuters cannot afford another tax.” Kathryn Wylde, who served on the MTA’s Traffic Mobility Review Board that recommended a $15 toll, said a scaled-back plan has been in the ...
The New York City Transit Authority (also known as NYCTA, the TA, [2] or simply Transit, [3] and branded as MTA New York City Transit) is a public-benefit corporation in the U.S. state of New York that operates public transportation in New York City.
The tax is expected to raise $40 billion over thirty years. After subtracting 1.5% for administrative costs, the remaining money must be spent as follows: 35% for transit capital projects, e.g. new rail and bus rapid transit lines; 3% for transit capital on the Metrolink commuter rail system
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